Reserve Bank of India Act, 1934
Section - 45A - Definitions
[CHAPTER IIIA
COLLECTION AND FURNISHING OF CREDIT INFORMATION
Definitions.
45A. In this Chapter, unless the context otherwise requires,-
| (a) | - | "banking company" means a banking company as defined in section 5 of the Banking [Regulation] Act, 1949 (10 of 1949), and includes the State Bank of India [any subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), any corresponding new bank constituted by section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), and any other financial institution notified by the Central Government in this behalf]; |
| (b) | - | "borrower" means any person to whom any credit limit has been sanctioned by any banking company, whether availed of or not, and includes- |
| (i) | - | in the case of a c .... To read the full section download the app from Google Play store
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